Let's start with INDU, which captured its standing target:
SPX briefly dipped below the highlighted box I drew on Monday and found support at a trendline we've been watching for roughly a month now.
It effectively tested the trendline on this chart as well, though it didn't quite touch it:
In conclusion, bulls probably need to mount a comeback now. If the market sustains trade below these support levels, then the market will be falling into some potential "air zones," where trend support gets thin. Trade safe.
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